For those who are in employment and can show that they are able to meet the repayments, but who do not meet the criteria for saver loan. In some circumstances, we may require a suitable guarantoWhich loan is for me?
These figures are only a guide to your likely repayments with an interest rate of 3% per month for loans under £1000 (APR 42.6%) or 2% per month for loans £1000+ (APR 26.8%). If you apply for a loan, your individual circumstances (things like your credit history, your history with St Albans Community Bank and whether you can afford the repayments) will be considered and may affect the amount, period or interest rate of any loan. In the case of people with a good credit history and/or people with a regular income, etc. the rate can be 1% per month (APR 12.7%) with lower repayment than these.